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    Question

    IRDAI was established on

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    A 1982 Correct Answer Incorrect Answer
    B 1991 Correct Answer Incorrect Answer
    C 1995 Correct Answer Incorrect Answer
    D 1999 Correct Answer Incorrect Answer
    E 1996 Correct Answer Incorrect Answer

    Solution

    The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutary agency for regulating and promoting the insurance and re-insurance sector. It was constituted by the Insurance Regulatory and Development Authority Act, 1999. IRDA’s headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001

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